Breaking News

Cognis and Golden Hope Expand Oleochemicals

January 10, 2006

Cognis and Golden Hope
Expand Oleochemicals
● Cognis Deutschland GmbH & Co. KG and
Golden Hope Plantations Berhad
agreed to expand the scope of their
existing joint venture with the transfer
of Cognis’ global oleochemicals and
plastics technology businesses.
Following the signing of a memorandum
of understanding earlier this
year, and the successful conclusion of
the subsequent contract negotiations,
agreements respecting the transfer of
the businesses to the joint venture and
related aspects of the transaction were
signed.
Effective January 1, Cognis’ global
oleochemicals business, comprising
fatty acids, glycerin, oilfield chemicals,
azelaic acid and pelargonic acid, and
plastics technology was transferred to
Cognis Oleochemicals Sdn. Bhd., the
existing 50:50 Malaysian joint venture
between Cognis and Golden Hope. The
implementation is subject to the
approval of the relevant authorities
and Malaysian Bank Negara andd the
Malaysian Ministry of International
Trade and Industry. The transaction is
expected to be completed by the end of
the month.
blog comments powered by Disqus
  • Patent Update

    Patent Update

    July 28, 2016
    Three-layered hair product from Lauder, palm oil extracts for wrinkle treatment and more in recently awarded patents.

  • Pushin’ the Cushion

    Pushin’ the Cushion

    Christine Esposito, Associate Editor||July 26, 2016
    AmorePacific, the creator of the cushion compact, continues to improve its unique product.

  • Cozy Makes a Splash

    Cozy Makes a Splash

    Melissa Meisel, Associate Editor||July 25, 2016
    Expands reach in CVS and introduces new collection.

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.